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A year ago, Ecopetrol and Transportadora de Gas Internacional (TGI), the pipeline subsidiary of Grupo Energía Bogotá, were competing fiercely to build Colombia’s next LNG import terminal on the Caribbean coast, each claiming its project was the faster and more technically viable path to first gas in early 2027. Both promises have since deflated.

Since December 2024, we know that Colombia’s imported gas has been used for purposes other than feeding gas-powered thermogeneration plants, the reason regas facility SPEC was built in the first place. But is it significant?

Colombia’s environmental licensing authority ANLA used a June 1 press release to frame its recent activity on liquefied natural gas infrastructure in explicitly strategic terms: the accumulation of approved and pending regasification projects along the Caribbean coast is the country’s most concrete near-term tool for expanding gas supply, increasing competition, and improving prices for end users.

Frontera Energy Corporation closed the sale of its entire Colombian exploration and production portfolio to Parex Resources on June 1 for aggregate consideration of US$750M — comprising US$500M in upfront cash, US$225M in assumed net debt, and a US$25M contingent payment tied to a potential extension of the Quifa contract with Ecopetrol before the first anniversary of closing.

Ecopetrol and the Sociedad Portuaria Puerto Bahía (SPPB) — the Cartagena maritime terminal owned by Frontera Energy — have secured all outstanding regulatory and environmental approvals required to begin the execution phase of their LNG regasification project on Colombia’s Caribbean coast.

SPEC LNG, the Promigas-owned regasification terminal at Cartagena, has issued a statement disputing a CoP$427 million fine imposed by the Superintendencia de Servicios Públicos Domiciliarios (SuperServicios) over the accuracy of its financial reporting,

Promigas’s Q1 2026 investor presentation reveals that the SPEC LNG regasification terminal in Cartagena is carrying a larger share of Colombia’s gas system than any previously published figure had indicated — and that the company is moving to expand its capacity before the end of the year.

MinEnergy has published a draft resolution laying out measures to protect natural gas supply and electricity system reliability during the scheduled maintenance of the SPEC LNG regasification terminal in Cartagena, planned for a five-day window between July 30 and August 3, 2026.

The first physical components of Colombia’s Pacific Regasification Plant are now in transit, marking a concrete step forward for one of the country’s important gas infrastructure projects.

MinEnergia has announced that the UPME has completed its technical evaluation of a floating storage and regasification unit (FSRU) project off the coast of La Guajira — clearing the way for what would become Colombia’s second regasification terminal and a significant diversification of the country’s increasingly strained gas supply infrastructure.